Wool Prices Rise Unexpectedly
WELLINGTON SALES TWOPENCE A POUND RISE TT is difficult to give the reason, but the price of wool to-day rose fully 2d a pound better than last March for the Wellington sale. Support came chiefly from the Con - tinent. Bradford bought wool, but sparingly, and in the opinion of some buyers for that market prices were far too high for it to make its usual weight fully felt. There was a tan flench and keenest competition was disp.ayed. Just over 9,000 bales were offered. The clips were well grown and less “waddy,” though a trifle heavier in grease than a year ago. America secured some of the betterconditioned and more stylish of the wools. Australia was a valuable buyer for wools suitable to manufacturers there. France strongly competed for fleece wools and Germany bought ‘ heavily.
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Sun (Auckland), Volume I, Issue 201, 14 November 1927, Page 9
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139Wool Prices Rise Unexpectedly Sun (Auckland), Volume I, Issue 201, 14 November 1927, Page 9
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